'Anthropic planned, then abandoned $7B purchase of MatX, sources say'- Reuters Exclusive
https://www.reuters.com/business/finance/anthropic-planned-then-abandoned-7-billion-purchase-matx-sources-say-2026-08-27/
Read original at benzingaStocks · News reference
NASA Admin Jared Isaacman wants to move AI data centers to Earth orbit, using solar power to strengthen US's position in space and AI race.
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
https://www.reuters.com/business/finance/anthropic-planned-then-abandoned-7-billion-purchase-matx-sources-say-2026-08-27/
Read original at benzingaNVIDIA reported record Q2 FY2027 revenue of $96.2 billion (up 106% YoY) with Data Center revenue reaching $89.0 billion (up 117% YoY). The company also announced a major expansion with AWS to deliver 2 million additional GPUs and next-generation infrastructure for agentic and physical AI applications.
Read original at globenewswire-incAn analyst argues that SpaceX should potentially replace Meta Platforms in the "Magnificent Seven" tech group. While SpaceX offers unique businesses in satellite internet (Starlink) and space transportation that aren't represented in the current group, Meta lacks tangible results from its AI initiatives despite significant investments. The analyst recommends keeping Tesla, Apple, Alphabet, Amazon, Microsoft, and Nvidia in the group.
Read original at the-motley-foolDan Ives argues the AI revolution is still in early stages, comparing it to the third inning of baseball. The focus is shifting from GPU purchases to monetizing AI across infrastructure, cloud platforms, and software. Companies with real AI revenue, clear ecosystem roles, and strong customer bases are positioned best for long-term growth.
Read original at the-motley-foolAST SpaceMobile stock fell Wednesday after SpaceX announced changes to its launch operations, raising market concerns.
Read original at benzingaSpaceX stock surged nearly 30% in August following strong Q2 results with 92% revenue growth, driven primarily by AI and Starlink connectivity businesses. However, the analyst remains skeptical due to the expensive 41x sales valuation, with too much growth already priced in. The first post-IPO insider lockup period ended without significant market impact.
Read original at the-motley-fool